Losses triple at digital bank Revolut
Losses have more than trebled at digital bank Revolut despite a huge increase in revenue. The London FinTech reported a loss of £106.5 million in 2019, compared to £32.8m in 2018. Revenue almost trebled, reaching £162.7m from £58.2m in 2018. It blamed the mounting losses on geographical and product expansion, with Australia its latest full international launch just this week. … Continue reading Losses triple at digital bank Revolut
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